Group 1 - The board meeting of Camel Group Co., Ltd. was held on August 21, 2025, with all 9 directors present, and the meeting was conducted in accordance with the Company Law and Articles of Association [1][2] - The board approved the proposal regarding the company's 2025 semi-annual report, which is available on the Shanghai Stock Exchange website [1] - The proposal was reviewed and unanimously agreed upon by the board's audit committee before being submitted for board approval [1]

Core Insights - Camel Group (骆驼股份) reported a revenue of 7.995 billion yuan for the first half of 2025, representing a year-on-year growth of 6.22% [2] - The net profit attributable to shareholders reached 532 million yuan, showing a significant increase of 69.46% compared to the previous year [2] - The growth in net profit is attributed to increased sales of automotive low-voltage batteries, particularly lithium batteries, and improved management processes leading to a decrease in expense ratios [2] Revenue and Profit Analysis - The company's main products, automotive low-voltage batteries, saw a continuous increase in sales, with lithium battery sales and gross margins experiencing significant year-on-year growth [2] - Despite a slight decline in domestic sales of lead-acid batteries due to market shifts towards lithium batteries, overseas sales of lead-acid batteries grew by 21.31% [3] - The company achieved a net profit increase due to non-operating factors, including investment project fair value adjustments and debt restructuring, which contributed to higher investment income [2] Market Dynamics - The domestic market for lead-acid batteries faced challenges, with a 2.4% decline in sales for lead-acid batteries in the original equipment manufacturer (OEM) market, while AGM lead-acid start-stop battery sales surged by 46% [2][3] - The transition from lead-acid to lithium batteries in the domestic OEM and maintenance replacement markets is impacting the company's lead-acid battery business [2] - The company is actively developing new products to capitalize on the market opportunities presented by the shift to lithium batteries, with low-voltage lithium battery sales increasing by 274% year-on-year [3] Strategic Initiatives - Camel Group is focusing on expanding its international presence, having developed 19 new customers and secured 5 OEM project designations in overseas markets [3] - The company has initiated mass production supply for 15 OEM projects in the domestic market, including partnerships with notable manufacturers such as NIO and Geely [3] - The construction of a low-carbon industrial park and a PACK factory in Europe is progressing well, with the first production line of the low-carbon industrial park already operational [3]

Core Viewpoint - Camel Group (骆驼股份) reported a significant increase in net profit for the first half of 2025, driven by growth in low-voltage automotive battery sales and effective management optimization [1] Financial Performance - The company achieved a revenue of 7.995 billion yuan, representing a year-on-year growth of 6.22% [1] - The net profit attributable to shareholders reached 532 million yuan, marking a substantial year-on-year increase of 69.46% [1] Business Strategy - Camel Group aims to strengthen its lead-acid battery business while aggressively expanding its lithium battery segment and pursuing internationalization [1] - The company has developed 19 new customers in overseas markets and secured five projects with major manufacturers [2] Market Dynamics - Domestic sales of lead-acid batteries faced challenges, with a 2.4% decline in the original equipment market, while AGM lead-acid start-stop battery sales surged by 46% [1] - In contrast, overseas sales of lead-acid batteries grew by 21.31%, mitigating domestic market fluctuations [2] Product Development - The company reported a remarkable 274% increase in low-voltage lithium battery sales [2] - In the domestic market, Camel Group has initiated mass production for 15 projects and secured 23 new project approvals, including multiple lithium battery projects for various manufacturers [2] Infrastructure Expansion - The company is accelerating the construction of its low-carbon industrial park and European PACK factory, with the first production line of the low-carbon industrial park already operational [3]

Group 1 - The core viewpoint of the article highlights that Luotuo Co., Ltd. reported a revenue of 7,995,179,312.80 yuan for the first half of 2025, reflecting a year-on-year growth of 6.22% [2] - The net profit attributable to shareholders of the listed company reached 531,672,497.50 yuan, showing a significant year-on-year increase of 69.46% [2]

（文章来源：证券日报） 证券日报网讯 8月21日晚间，骆驼股份发布公告称，公司第十届董事会第三次会议审议通过了《关于公 司2025年半年度报告全文及摘要的议案》。 ...

Core Insights - The company reported a revenue of 7.995 billion yuan for the first half of 2025, representing a year-on-year growth of 6.22% [1] - The net profit attributable to shareholders reached 532 million yuan, showing a significant year-on-year increase of 69.46% [1] - Basic earnings per share were reported at 0.45 yuan [1] Business Performance - The automotive low-voltage lead-acid battery business faced challenges due to the electrification of the automotive industry, battery lightweighting, and changes in consumer structure, leading to a slight decline in domestic market sales [1] - Despite the domestic sales decline, the overall sales volume of automotive low-voltage lead-acid batteries saw a slight increase year-on-year, driven by growth in overseas markets [1] - The sales volume of automotive low-voltage lithium batteries continued to grow rapidly, supported by the ramp-up of previously designated projects and increased demand in the domestic maintenance and replacement market for stationary lithium batteries [1] - The recycling business has been steadily advancing [1]

Core Insights - The company reported a revenue of approximately 7.995 billion yuan for the first half of 2025, representing a year-on-year increase of 6.22% [1] - The net profit attributable to shareholders of the listed company was around 532 million yuan, showing a significant year-on-year increase of 69.46% [1] Financial Performance - Revenue for the first half of 2025: approximately 7.995 billion yuan, up 6.22% year-on-year [1] - Net profit for the first half of 2025: approximately 532 million yuan, up 69.46% year-on-year [1]

证券代码：601311 证券简称：骆驼股份 公告编号：临2025-037 骆驼集团股份有限公司 第十届董事会第三次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚 假记载、误导性陈述或重大遗漏负连带责任。 一、董事会会议召开情况 （一）本次董事会会议的召开和表决符合《公司法》及《公司章程》的有关 规定，会议决议合法有效。 （二）本次董事会会议通知于 2025 年 8 月 11 日以 OA 办公软件、微信等形 式送达全体董事。 （三）本次董事会于 2025 年 8 月 21 日以现场加通讯方式召开。 审议通过《关于公司2025年半年度报告全文及摘要的议案》 详见公司在上海证券交易所网站 www.sse.com.cn 披露的《骆驼股份2025 年半年度报告全文》和《骆驼股份2025年半年度报告摘要》。 本议案已经董事会审计委员会审议，经董事会审计委员会全体委员一致同 意后提交董事会审议。 表决结果：有效表决票共9票，其中同意票为9票，反对票为0票，弃权票为 0票。 特此公告。 骆驼集团股份有限公司 董 事 会 2025 年 8 月 22 日 （四）本次董事会应参加会议董事 9 人，实 ...

Group 1 - The core point of the article is that Camel Group (SH 601311) announced the convening of its 10th Board of Directors' third meeting on August 21, 2025, to review the company's 2025 semi-annual report and related documents [2] - For the year 2024, the revenue composition of Camel Group is as follows: lead-acid batteries account for 79.86%, recycled lead for 15.75%, lithium batteries for 2.59%, and others for 1.79% [2]

Group 1 - The core viewpoint of the article is that Camel Group (601311.SH) reported a revenue of 7.995 billion yuan for the first half of 2025, reflecting a year-on-year growth of 6.22% [1] - The net profit attributable to shareholders of the listed company reached 532 million yuan, showing a significant year-on-year increase of 69.46% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 404 million yuan, which represents a year-on-year growth of 17.94% [1] - The basic earnings per share stood at 0.45 yuan [1]